Amateur vs professional directors: what’s better?

Who makes a better independent: a professional director, who is probably younger and keener, or an amateur, who is likely to be doing this in early retirement?

Speaking at The NED’s event in London in April Reggie Dodge, Chief Compliance Officer & General Counsel at EMSO Asset Management, said that she prefers to appoint independent directors who are not taking on directorships as a full-time career. It means that there is less of a chance that they will be conflicted, she believes.